Correlation with shares markets

Events, which should be paid attention to today:

is not expected to be important macroeconomic statistics.


decreasing quotations in the area of ​​the nearest levels of support it is advisable to use for purchases. This currency pair historically correlates with leading world shares market, where optimism has recently reigned at the expectations of the completion of the cycle of increasing interest rates of the US Federal Reserve. There are no more ideas for the growth of stock markets now. Even this idea looks doubtful, given the large -scale economic crisis that awaits us next year. But now the traders do not think about this – they are focused exclusively on short -term signals from Federal Reserve officials.

Trade recommendation: Buy 138.05/137.68 and Take Profit 138.85.